Affiliate marketing is an easy concept to learn, but it can be very time consuming to learn if you are new to it. Affiliate marketing is a method of trying to make money by placing an affiliate link on your website, social media account, etc. and that people buy a product through your link.
An affiliate is a person or business that promotes a product or service offered by other businesses. You become an affiliate when you promote an affiliate product.
One example is Amazon Book Sales, where you link to a specific book on your website and try to get people to buy the book through your affiliate link. Amazon and other businesses want quality affiliates to promote the products and services they sell.
If you get someone to sign up through your affiliate link, then you are rewarded by the company for promoting their product.
This is called a conversion. A conversion is when a person takes a specific action defined by the affiliate program. This could be someone entering their email address on a business website, when making a purchase, filling out a form, or doing anything else through your affiliate link.
You can share an affiliate link with your audience in different ways, such as:
By adding an affiliate link to your blog (you can do this by inserting a link in a blog post, page, email, etc.
Promotion on social media
Share the information in a podcast or webinar.
And many other methods!
Why would a business be interested in affiliate marketing?
More and more businesses are interested in affiliate marketing because it can be a great way to promote their products. And they only have to pay a commission if there is a conversion.
Many businesses like this option, because they often spend a lot of money on an advertisement but don’t get quality leads. With affiliate marketing, the business only pays if a sale is made or if it receives a lead , a contact.
Affiliate marketing is great for online influencers.
For online influencers, affiliate marketing can be a great way to make money just by reviewing or mentioning a product that you already like and love. In return, your contribution influences others to buy the product. Affiliate income can be great because you can create an article that continues to earn you money years later.
When it comes to affiliate marketing, there are just a few easy steps to get you started:
Find an affiliate product or service to promote a product or service relevant to your brand.
Sign up and get approval for the product’s affiliate program.
Include your affiliate link on your website or social media accounts.
Refer people to your affiliate link and make conversions.
Receive commissions for the conversions you make.
How Affiliate Links Work
The way affiliate links work is when someone clicks on the referral link you received from an affiliate program (it will be a specific url just for you or a code that tracks traffic you send to company), you receive commissions when they complete a certain action. Then you receive your commission payment either by check, PayPal, or any other method that you and the affiliate program agree to.
Your referrals are tracked through a referral link given to you by an affiliate program. This referral link contains code in the URL that follows the origin of the referral. When someone clicks on your affiliate link, a “cookie” is stored on the user’s computer, tablet or mobile to track their purchases via your affiliate link.
In a cookie, information such as your affiliate ID, the customer’s IP address, the date they clicked on your affiliate link, etc. are all stored. This in turn allows affiliate programs to track the origin of clicks and conversions.
An affiliate click or conversion can also be tracked through a special coupon code which can be given to you by the affiliate program. For example, “FOUINETEAU25% REM” can be an affiliate coupon code allowing you to receive a commission. In this way, the affiliate program can know and trace where the user is coming from.
What is considered a conversion?
The action that determines if a conversion has taken place, as mentioned above, depends on the specific affiliate program, but usually it’s either when someone buys something through your link, when they sign up for one. account, or give his e-mail address to the company.
Yes, that means a purchase doesn’t always have to happen! Let me repeat the above, there are times when a person just needs to create an account or join a mailing list in order for you to earn a commission. It all depends on the specific affiliate program, but about half of the affiliate products that are promoted just require the person to create an account.
